Munchee ICO (2017): Sale History & Outcome
Munchee was a food-review application built on Ethereum that conducted a token sale in 2017. The project issued MUN tokens before facing intervention from authorities.
| Token | Munchee (MUN) |
|---|---|
| Sale year | 2017 |
| Category | food-review app |
| Chain | Ethereum |
| Documented figure | not visible at the cited source |
| Outcome | refunded |
| Data tier | 1 — hand-verified |
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What the record shows
The U.S. securities watchdog halted Munchee's token sale in December 2017, ruling that labeling tokens as 'utility' did not exempt them from securities requirements. The company refunded participants after the action. This case demonstrated that token classification claims alone could not bypass legal scrutiny.
Era context: ico mania (2017–2018)
The 2017-2018 period saw frenzied token sales, with many projects selling out rapidly. This era produced record-breaking fundraising followed by widespread project failures and legal actions that reshaped the market landscape.
This sale is one of the 234 entries in our ICO Mania (2017–2018) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- Mysterium Network (2017)
- Nimiq (2017)
- OmiseGo (2017)
- openANX (2017)
- Paragon Coin (2017)
- Particl (2017)
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Sources
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.